New York Statutes
§ 507 — Interim distributions
§ 507. Interim distributions. Except as provided in this chapter, to\nthe extent and at the times or upon the happening of events specified in\nthe operating agreement, a member is entitled to receive distributions\nfrom a limited liability company before his or her withdrawal from the\nlimited liability company and before the dissolution and winding up of\nthe limited liability company.\n
Free access — add to your briefcase to read the full text and ask questions with AI
New York § 507 (Interim distributions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.